About your Search

20121201
20121231
Search Results 0 to 10 of about 11 (some duplicates have been removed)
. president obama is cutting short his holiday in hawaii. he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense prog
, the country deserves folks in washington willing to compromise on behalf of the greater good. he was talking about a budget deal to avoid the fiscal cliff and he said he wanted it by christmas. nancy cordes is on capitol hill for us tonight. nancy? >> reporter: well, scott, it now looks like that is in doubt. aides on both sides today told us that the talks, which had been moving so quickly over the weekend, have slowed to a crawl and the president and speaker boehner traded ultimatums today. never a good sign this close to the deadline. >> and i hope that the president will get serious soon about providing and working with us on a balanced approach. >> reporter: house speaker john boehner warned today there will be no deal until the president agrees to more spending cuts. the president said he's cut enough. >> if you look at the package that i've put forward it is a balanced package by any definition. and we have put forward real cuts in spending that are hard to do in every category. >> reporter: mr. obama's most recent offer includes roughly $850 billion worth of spending cuts and raises
of rain on the northeast u.s. >> pelley: dean, thanks very much. wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the votes. negotiations between speaker boehner and the white house ground to a halt today as everyone watched to see if he and house republican leaders would get the votes they needed to pass plan b, a bill preventing tax r
" with scott pelley. with scott pelley. >> pelley: good evening, washington left for christmas tonight with most americans facing a major tax increase in ten days. negotiations to avoid that went off the rails last night when some house republicans refused to go along with their own leadership. this evening, the president described himself as a hopeless optimist who was ready and willing to make a deal, but the speaker of the house said how we get there god only knows. we have two reports tonight. first, we'll go to major garrett at the white house. major? >> reporter: scott, tonight there is no bill written to avert the fiscal cliff. there is no road map to the drafting of that legislation. there are only hopes and aspirations-- both much smaller than the president would prefer. this is the president's own plan "b", a scaled-back bill that seeks to protect tax rates for households earning less than $250,000 and extend jobless benefits for two million americans out of work for six months or more. it's a shadow of the big deal contemplated only days ago. >> in ten days we face a deadlin
the pacific northwest. heavy rain near everett, washington, triggered a mud slide on a 100-foot cliff. look what happened next! as the mud slammed into seven cars of a passing freight train pushing them all the rails. nbc news correspondent richard engel is free from his captors in syria. we'll have that story next. wit. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring me
home. >> pelley: while our attention was on newtown, connecticut, in washington there was real progress on avoiding the so-called fiscal cliff. that's the big tax increases for most americans and across-the-board spending cuts that would kick in in just two weeks. major garrett is at the white house for us tonight. major? >> reporter: scott, top white house advisors tell us house speaker john boehner broke the logjam when he agreed to raise some income tax rates. this comes with a price, one that president obama is not yet agreed to pay. the president and boehner met in the oval office for just under an hour. in a call to mr. obama friday just after his statement on the connecticut school massacre boehner for the first time agreed to raise income tax rates he proposed raising the top rate from 35% to 39.6% on households earning one million dollars a year or more. mr. obama wants to raise rates on householdss making $250,000 or more. congressional sources say boehner has most house republicans with him. here's the catch, republicans want mr. obama to agree to one trillion in spending cut
flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are taking three-hour shifts to make sure the flames don't go out. ye're now one week away from the so-called fiscal cliff. heven days for the white house and congressional leaders to reach a budget deal to avoid tax increases for nearly every american. president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dar
of these mass shootings and for the first time in his presidency he said washington must take meaningful action to prevent similar atrocities. as the president spoke his press secretary jay carney and white house chief of staff sat feet away clutching each other's hands, tears welling in their eyes. >> pelley: major, thank you. we'll be hearing from more of the parents here in newtown, connecticut, wh-s "cbs evening news" continues. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisia or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world clas
Search Results 0 to 10 of about 11 (some duplicates have been removed)

Terms of Use (10 Mar 2001)